Average Bitcoin ETF Investor Now In The Red As BTC Slips Below $89,600

Bitcoin’s rapid pullback has pushed the average US spot Bitcoin exchange-traded fund (ETF) investor into the red for the first time since the products launched. The flow-weighted cost basis across all US Bitcoin (BTC) ETFs sits near $89,600, a level Bitcoin fell below on Tuesday, leaving the cohort underwater, Glassnode analyst Sean Rose told Bloomberg…

SEC Drops Crypto From 2026 Examination Priorities

The US Securities and Exchange Commission’s latest document on its examination priorities for 2026 has noticeably omitted its regular section on crypto, seemingly in line with US President Donald Trump’s embrace of the industry. On Monday, the SEC’s Division of Examinations released its examination priorities for the fiscal year ending Sept. 30, 2026, which made…

BTC’s Drop Did Not Change Its Fundamentals: Coinbase

Key takeaways: Bitcoin fundamentals remain intact despite the $1 trillion drop in the crypto total market cap. Long-term holders and institutional investors continue to absorb Bitcoin’s distributed supply. Analysts argue that the decline is structural, driven by leverage and rotations, rather than bearish sentiment. The crypto market has erased more than $1.1 trillion in value…

ARK Invest Buys $10M in Bullish as Crypto Stocks Slide

Cathie Wood’s ARK Invest ramped up its exposure to crypto exchange Bullish on Monday, buying $10.2 million worth of shares as its stock slid to a fresh record low during a brutal downturn for publicly traded crypto firms. According to ARK’s daily trade disclosure, the ARK Innovation ETF (ARKK) added 191,195 Bullish shares, while ARKW…

Average Bitcoin ETF Investor Now In The Red As BTC Slips Below $89,600

Bitcoin’s rapid pullback has pushed the average US spot Bitcoin exchange-traded fund (ETF) investor into the red for the first time since the products launched. The flow-weighted cost basis across all US Bitcoin (BTC) ETFs sits near $89,600, a level Bitcoin fell below on Tuesday, leaving the cohort underwater, Glassnode analyst Sean Rose told Bloomberg…

Mt. Gox Moves $956M Worth of BTC

The long-defunct Mt. Gox exchange initiated a significant bitcoin move on-chain Monday, transferring approximately 10,608 BTC, worth $950 million, to new wallet address, according to data from blockchain analytics firm Arkham Intelligence. The transfer unfolded at approximately 11:40 p.m. ET, with around 10,422 BTC sent to an unidentified address labeled “1ANkD…ojwyt,” while a smaller portion…

Bitcoin and Crypto Market Near Bottom, Long Term Buying Opportunity

Bitcoin could hit a bottom as soon as this week, according to BitMine chairman Tom Lee and Bitwise Asset Management chief investment officer Matt Hougan, as Bitcoin briefly dropped below $90,000, its lowest price in seven months. During an interview on Monday with CNBC, Lee said crypto is suffering after the big liquidation event on…

Bitcoin, Altcoins Fall To Fresh Lows, Erasing Most 2025 Gains

Key points: Bitcoin’s fall has resulted in three consecutive weeks of outflows from crypto ETPs, indicating a negative sentiment. Several altcoins are struggling to start a rebound, indicating a lack of demand from buyers. Bitcoin (BTC) attempted a recovery to start the week, but the long wick on the candlestick shows selling at higher levels….

AMINA Receives License to Offer Crypto Services in Hong Kong

Swiss crypto bank AMINA Bank AG said it has secured regulatory approval in Hong Kong to offer crypto trading and custody services to institutional clients in the region, adding its the first international bank to receive such permission. AMINA said the “Type 1 license uplift” received from the Securities and Futures Commission would help it…

ETH Falls Under $3K As BTC Slumps Toward $90K

Key takeaways: ETH falls to a 4-month low despite recent layer-2 growth cutting base fees and boosting Ethereum’s use in tokenization and stablecoin. ETH may recover as global risks ease and new liquidity enters markets, helping the price move back toward $3,900. Ether (ETH) crashed below $3,000 on Monday, and the drop reflects a sector-wide…